Tag: non-banking financial companies
Posted in Business
RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley
October 18, 2024 Leave a Comment on RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley
As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from making new…
Posted in Finance
union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze
January 19, 2023 Leave a Comment on union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze
Non-Banking Financial Companies in India are finding it difficult to adhere to the compliance obligations set by the Reserve Bank of India (RBI). The forthcoming…